In a dramatic courtroom clash worthy of a tech thriller, a federal jury in Oakland, California, has ruled against Elon Musk in his lawsuit against OpenAI and its CEO, Sam Altman.
Musk claimed they violated an agreement to run OpenAI as a charitable nonprofit. However, the jury found Musk's claims were filed too late, missing the three-year statute of limitations.
Musk, never one to back down, called the verdict a “calendar technicality” on his social network, X, and vowed to appeal. He insists that Altman and Greg Brockman enriched themselves by allegedly "stealing a charity," but the court's focus was on timing, not the validity of the claims.
Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!
Access from your preferred podcast provider by clicking here
The legal drama unfolded as Musk sought to recover $180 billion in "ill-gotten gains" and restructure OpenAI back to its nonprofit roots. Meanwhile, OpenAI's defence, backed by Microsoft, argued that Musk's claims were a strategic move against a competitor.
As the courtroom doors closed, OpenAI and Microsoft celebrated their victory, while Musk's legal team prepared for the next round. This high-stakes legal battle highlights the tension between two tech titans as they steer their companies towards public offerings. Stay tuned for the next episode in this Silicon Valley saga!
Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!
Access from your preferred podcast provider by clicking here
Made with TRUST_AI - see the Charter: https://www.modelprop.co.uk/trust-ai